Post Utme Igbinedion University 2018 Accounting Question 14

Practice objective / multiple choice question 14 from the 2018 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2018 Accounting Objective / Multiple Choice
Question 14 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ACCOUNTING • objective

A company's cash book showed a balance of ₦50,000. The company's bank statement showed a balance of ₦60,000. The bank statement included a credit of ₦10,000 for a dishonored cheque. Calculate the correct balance of the company's cash book.

Answer Options

Correct Answer A. ₦40,000
B. ₦50,000
C. ₦60,000
D. ₦70,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Igbinedion University 2018 Accounting Question 14. It is one of the objective questions from the 2018 Post Utme Igbinedion University Accounting examination.

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